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To: Rarebird who wrote (66943)4/3/2001 3:31:39 PM
From: Keith Monahan  Respond to of 116950
 
Most of the EU economies are rolling along quite nicely

You must be visiting a different Europe than I do. Europe is a disaster. I'll keep my dollars and eventually some Southeast Asian currencies.

This is not to say gold will not do well. The European population will need a safe haven in the form of bullion when their economies collapse. Just like the Japanese, who, from my statistically insignificant survey of the 3 people I talk to over there, are buying gold now.



To: Rarebird who wrote (66943)4/3/2001 3:31:46 PM
From: Crimson Ghost  Respond to of 116950
 
Interesting that bonds are not rallying much despite collapsing stock markets. Stagflation is here.